Recent News

PMA and MetalForming Magazine Support Manufacturing Day

PMA and MetalForming magazine have joined with other industry leaders to support Manufacturing Day to raise awareness about the importance of manufacturing in the United States. PMA is a proud silver sponsor of MFG Day, while MetalForming is an official endorser of the event. Scheduled for October 2, 2015, MFG Day is an opportunity for manufacturers to connect with future generations, take charge of the public image of manufacturing and ensure the prosperity of the industry. PMA encourages members to participate by hosting an event in their community on October 2! Watch a webinar to learn how to start planning your event.

PMA Applauds House Passage of Medical-Device Tax Repeal

On June 18, the House of Representatives passed the Protect Medical Innovation Act by a 280-140 vote. The legislation repeals the $29.1 billion excise tax on medical devices provided for in the Affordable Care Act. It also would allow device companies to seek refunds for taxes already paid under the law, which took effect in January 2013. To help pay for the healthcare law, a 2.3 percent excise tax is currently levied on the total medical device revenues of a company, regardless of whether the business generates a profit. PMA thanks its members who contacted their Representatives and helped ensure that this measure passed in bipartisan way. The Senate could consider the legislation this summer.